Financial services provider SBI has partnered private equity firm OSK Ventures on a Southeast Asia-focused fund with an initial $20m commitment.
Japan-headquartered financial services provider SBI Holdings and Malaysia-based private equity firm OSK Ventures have established a venture capital fund with an initial $20m investment, DealStreetAsia has reported.
OSK-SBI Dynamic Growth Fund will target investments in Southeast Asia with a projected five-year lifespan. The partners intend to recruit additional limited partners in future, but have not confirmed the sectors on which the fund will focus.
